RY - Royal Bank of Canada - Stock & Dividends

Royal Bank of Canada (RBC) is a global financial services company that provides a wide range of products and services to individuals, businesses, and institutions. Through its Personal & Commercial Banking segment, RBC offers a variety of financial solutions, including checking and savings accounts, home equity financing, personal lending, and credit cards. Additionally, it provides lending, leasing, deposit, investment, foreign exchange, cash management, and trade products and services to small and medium-sized commercial businesses. These services are delivered through a network of branches, automated teller machines, and mobile sales teams.

RBC's Wealth Management segment caters to high net worth and ultra-high net worth individuals, as well as institutional clients, offering a suite of wealth, investment, trust, banking, credit, and other advice-based solutions and strategies. The segment also provides asset management products to institutional and individual clients, and asset and investor services to financial institutions, asset managers, and asset owners. This comprehensive range of services enables clients to manage their wealth effectively and achieve their financial goals.

The company's Insurance segment offers a broad range of insurance products and services, including life, health, home, auto, travel, wealth, annuities, property and casualty, and reinsurance solutions. These products are designed to meet the needs of individual, business, and group clients, and are delivered through a network of advice centers, RBC insurance stores, mobile advisors, digital platforms, and independent brokers and partners. This diverse distribution network ensures that clients have convenient access to RBC's insurance products and services.

RBC's Capital Markets segment provides a range of services to corporations, institutional clients, asset managers, private equity firms, and governments. These services include advisory and origination, sales and trading, lending and financing, and transaction banking services. This segment enables clients to access global markets, manage risk, and achieve their financial objectives. With a long history dating back to 1864, RBC is headquartered in Toronto, Canada, and operates globally, providing financial solutions to clients around the world.